@nexchap I'm sharing an observation here and I'm a bit stumped since the very fist post of this uber helpful discussion clearly says that placing a check mark on the K1 interview "this partnership ended in 2019" will create a 1099-B. In my case it did not. I don't know why - I'm using TT 2019 Home & Business Maybe something changed in TT; maybe it detected the imported brokerage 1099-B. It only auto-generated 8949 and 4797.
Be it as it may, I can edit the basis of my brokerage 1099-B since it's marked as "basis not reported to IRS" and TT allows an edit. I know how to figure out my cap gains and ord gains. What I'm really asking is a sanity check, if all is said and done correctly does one end up with a tax return which includes:
a) one 1099-B correctly edited for the cap gains (provided by the brokerage, correctly flagged as basis non-reported to IRS and edited by me for the proper cap gains basis)
b) two 8949s - one which is married to the 1099-B and reflects cap gains and the other which is the auto-generated product of the K-1 final sales (that partnership ended in xxx) interview and reflects the ordinary gains?
Thank you
